the government was less worried. of course, with the announcement of the like ly fate and a date for the party congress, a risk premium is taken off, or at least reduced from the market. >> dr. wong, so many people have such widest mates on china. you hear some people say real gdp growth is 4%. some say 8%. you guys are right under 8% for next year. what could happen in china that would derail things? i agree with you it's a soft landing. that it's landed and turning around. what's on the ground that could actually turn that thesis upside down? >> i think right now, of course, corporate earnings have dropped a lot. i think at the moment what is really positive is property sales have rebounded. so what could derail that, for whatever reason, the government decided to tighten the property sector further or people lose confidence on this sector, that property sales and construction nose dive from where we are now. then it would be very hard to have a soft landing in china. >> guys, more questions for the doctor? >> i wo